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Brand Spotlight Verisk
Verisk is a leading provider of advanced tools and analytics for the property/casualty insurance industry. Drawing on unique data assets and deep domain expertise in actuarial science, artificial intelligence, telematics, and insurance, Verisk helps carriers underwrite and price risks with greater precision and efficiency and manage claims more effectively across the spectrum of commercial and personal lines.
For nearly 50 years, Verisk has been a leader in developing innovative solutions and working with multiple stakeholders in the property/casualty insurance marketplace, including insurers, reinsurers, third-party administrators, agents and brokers, insurance regulators, and risk managers.
www.verisk.com/insurance
It's an unfortunate fact: small commercial underwriters spend too much time validating submission information and researching risk data, considering the low premium volume. They may have little ...
Like the structures they cover, property insurance policies tend to be strongest when built on a solid foundation, and a key component is the initial reconstruction cost estimate (RCE). Done ...
There may be no cure-all for the significant headache of a hard market, but non-rate actions—solutions that don't require a rate filing— are among the fastest ways to help with profitability. ...
Like all plants, grapes are intimately connected to place—from the rich, fertile soils that feed nutrients to the vines, to the unique climate patterns that nurture and sustain them. Grapes that ...
Historic and unpredictable inflation—which hit 9.1 percent in July 2022—makes it particularly challenging for property insurers to maintain insurance-to-value (ITV)[1]. Underwriters rely on ...
Florida's changing statutory environment surrounding insurance coverage for roofs may demand more robust data to clarify the risk amid increasing complexity. Bills SB 2D1 and SB 4D2, signed by ...
Reconstruction costs, including materials and retail labor, slowed their rate of increase entering the second half of the year as lumber prices fell from peak levels reached during the pandemic, but ...
Regional insurers—including those that are new to the market or early in their growth journey—need to create connected experiences to meet the needs of modern insurance buyers. New case studies ...
Artificial intelligence (AI) and machine learning (ML) are much in the news these days. But to paraphrase the late computer scientist Edsger Dijkstra, saying a machine is "intelligent" or "learning," ...
With automation and analytics advancing at a rapid pace, many insurers are looking to transform the experience of buying commercial coverage, from time-consuming and challenging to fast and easy. But ...